Anglo Asian Mining Share Discussion Threads

[cannonfodd3r] 03/11/2016 10:32

Glad you all doubted me regarding an RBS today!

[brasso3] 03/11/2016 10:30

Cyber (Post 5364)

*Please note that there are no royalty costs included in the Company's AISC calculation as the Production Sharing Agreement with the Government of Azerbaijan is structured as a revenue sharing arrangement. Therefore the AISC is calculated using a cost of sales which is the cost of producing 100% of the gold and such costs are allocated to total gold production including the Government of Azerbaijan's share.

[csmwssk12hu] 03/11/2016 10:28

Yes it is low compared to others

[ilostthelot] 03/11/2016 10:18

The AISC is very low compared to many gold miners and will make it easier to value for many potential investors.

[letmepass] 03/11/2016 10:13

Paying off debt, lower costs all we need is increased production and gold to rise

[ilostthelot] 03/11/2016 10:12

The chart just now is very similar to the breakout in 2o10/11. A Base at 15-20p then a sharp move up.
Easy money chaps. Patience is the name of the game.
I took Matt tip on the other thread and waited for the gap to close at 3p so thanks for that man - i owe you a pint.

[ilostthelot] 03/11/2016 10:09

Nice RNS. AISC makes it alot easier to value. Onwards and upwards. I reckon we'll see 40-50p trading range, next week or two followed by a few months trading side ways before the next leg up next year.

[csmwssk12hu] 03/11/2016 10:03

Yes just seen that but I read somewhere it was gonna be $546 per ounce now it says it's over $700, I guess that's because of production being lower than last year, I hope that statement isn't another veiled profit warning, no doubt we will find out soon enough by movement in share price

[cyberbub] 03/11/2016 09:54

Exactly Celeritas!

[celeritas] 03/11/2016 09:45

It also answers why some big trades are taking place, funds need these numbers to invest, interesting times.

[cyberbub] 03/11/2016 09:39

$700 AISC is pretty decent these days...The fact that the $700 includes the Govt's share is even better?

[celeritas] 03/11/2016 09:38

Great to see aisc figures, good numbers.
These will also fall as debt is paid down.

[mattjos] 03/11/2016 09:37

:-) Well done Bill & Stephen .. the BOD have clearly listened to investors who have been asking for AISC figures & now we have them.
The company PR is beginning now to fire on all cylinders and we have a terrific story to tell.
Hurrah!

Will put the direct pdf link in the thread header for all to see.

[jbe81] 03/11/2016 09:37

MMs must be googleing it now! Seem to have shut up shop

[zhockey] 03/11/2016 09:28

Google: Clinton nypd

[zhockey] 03/11/2016 09:22

AISC that's a nice surprise!

[jbe81] 03/11/2016 09:05

AAZ never were a fan of the 7am RNS

[letmepass] 03/11/2016 09:04

Cost of gold production coming down.. RNS out

[jbravo2] 03/11/2016 09:02

Ha ha nice way to get it wrong. RNS time!
From now on I'm only listening to jeanesy and jbe.
Lovely numbers!

[zhockey] 03/11/2016 08:58

Jeanesy point is the timing, nothing for a week then up 10p

[celeritas] 03/11/2016 08:44

I dont get you Jeanesy, like jbravo says you've been here for a while yet, surely you can think of reasons why its rising, plenty to go on.

[2sporrans] 03/11/2016 08:41

The surge is almost entirely AAZ specific; not to do with POG rise, currency moves etc.
E.g. OMI has much in common and more of a geared POG play, yet very modest rise yesterday and nought today thus far.
Just checked Randgold and Fresnilo and they are actually decidedly down this morn.

[jbe81] 03/11/2016 08:36

Will be interesting to see what volume the buyer can get today

[jeanesy] 03/11/2016 08:31

No chance ! Just puzzled as to why suddenly we are rising. I bought more when we uncovered and reported the new find but the shareprice hardly moved on that fantastic news and yet now we are flying. Long may it continue. !!!